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Dec 26, 2012
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let's go back to the tax. your paycheck is going down 2%. everyone's taxes go up. it will really have an effect is when people get their first paycheck in january and the christmas bills are due, the average working class family will have their paycheck drop not 2% but closer to 5%. democrats see it as leverage, but it hurts real people for the short-term. >> when you talk about it, absolutely. if we go over the cliff without changing anything, this will be the end of unemployment benefits for more than two million americans. people who cannot wait a couple of months to get the money back and don't have the safety net. this is a very serious situation for some americans. on this show we have a slope and not a cliff. for some it is an immediate pain cliff situation. >> we should differentiate between the things that are really a cliff. unemployment and income taxes and the other things like the spending cuts draw out over a year. the sequester and other things. you wouldn't have to worry about that. those things can be fixed. the democrats don't have a sense of urge
let's go back to the tax. your paycheck is going down 2%. everyone's taxes go up. it will really have an effect is when people get their first paycheck in january and the christmas bills are due, the average working class family will have their paycheck drop not 2% but closer to 5%. democrats see it as leverage, but it hurts real people for the short-term. >> when you talk about it, absolutely. if we go over the cliff without changing anything, this will be the end of unemployment...
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Dec 28, 2012
12/12
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people are not propose iing mak the taxes like them. john boehner could not even pass the tax proposal he passed over there. he said no, can't do that. didn't he bring it up for a vote? >> tonight, speaker boehner's office put out this statement. >> joining me now are our guests. clearly the positioning game continues. harry reid saying we did our job months ago. do you think we til would be@posturing stage at the end of that white house meeting tomorrow? >> in your introduction you made the fundamental point here which is that this agreement before the end of the year, simply cannot go forward unless john by nor is willing to let it do so with majority democrats in the house. if we go over the curve as you put it, they can vote for a large tax decrease becaused off of the new rates that would be reset. they can say we votes to cut taxes for 98% of households. but it is the only scenario that i cap see out there in the near term. >> the building that read has passed. let's lis ep to what mitch mcconnell said about that? >> the senate bi
people are not propose iing mak the taxes like them. john boehner could not even pass the tax proposal he passed over there. he said no, can't do that. didn't he bring it up for a vote? >> tonight, speaker boehner's office put out this statement. >> joining me now are our guests. clearly the positioning game continues. harry reid saying we did our job months ago. do you think we til would be@posturing stage at the end of that white house meeting tomorrow? >> in your...
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Dec 27, 2012
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the alternative minimum tax which all of us, again, agree should not apply to 26 million americans. we agree on that. let's vote on that. let's create that certainty and move forward. let's create a path to move forward to deal with comprehensive tax policy in a fair and responsible way and let's deal with the deficit and the balance in a fair away. john boehner basically said no to all of that. and that's really not acceptable leadership. >> is there any -- should harry reid amend the bill that the house sent over at all? the fact is, harry reid has -- needs to add republican cooperation. he wants to say, look, this isn't a game. this isn't show. you know, i can bring out a bill, pass a bill. if john boehner says i'm not going to look at that, what's the point? let's make something happen here. that is what the american people are looking for. we're concerned about the fiscal and economic policies. there's a recovery period that we're experiencing to put more challenges before the economy both consumers and investors. let's create certainty. let's make sure that we pass tax cuts fo
the alternative minimum tax which all of us, again, agree should not apply to 26 million americans. we agree on that. let's vote on that. let's create that certainty and move forward. let's create a path to move forward to deal with comprehensive tax policy in a fair and responsible way and let's deal with the deficit and the balance in a fair away. john boehner basically said no to all of that. and that's really not acceptable leadership. >> is there any -- should harry reid amend the...
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Dec 29, 2012
12/12
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whose taxes will go up? people who earn more than 250,000 a year or people who earn more than 450,000 a year? republicans want to see the 450,000 threshold and democrats, 250,000. you need a few republicans in the house and democrats in the senate. it's more likely to be the 400,000 threshold. something the president offered. what does this do about taxes on inherited estates? currently, an estate worth $5 million or more gets taxed at a 35% rate. will that stay or change at all? and all of the automatic budget cuts we've deputy talking about for a year. nothing that would suggest that something will come up, later perhaps by march when they talk about the debt ceiling. >> he's talking about later in march, talking about a small deal being done now, which means we have to be back doing this all over again. >> yeah, the only thing on the table at this point are the tax rates extending bush tax cuts and a whole suite of things that were part of the fiscal cliff that aren't going to be touched. we'll have the d
whose taxes will go up? people who earn more than 250,000 a year or people who earn more than 450,000 a year? republicans want to see the 450,000 threshold and democrats, 250,000. you need a few republicans in the house and democrats in the senate. it's more likely to be the 400,000 threshold. something the president offered. what does this do about taxes on inherited estates? currently, an estate worth $5 million or more gets taxed at a 35% rate. will that stay or change at all? and all of the...
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Dec 27, 2012
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so you need policy consensus, some tax reduction, some investment and education, and some tax breaks that will help sort of states specialize in different industries and attract them. >> let's end where we started. some criticisms coming out from ips saying the president has left some things on the table here. the estate taxes one of those that they bring to bear here. they also talk about hedge fund managers specifically being ability to get favorable tax rates there, too. how has the administration done with this? >> it's sort of paralysis on this issue. you know, the administration -- the republicans -- what we seed with a fiscal cliff and what we saw in our series is the ability to create consense politically is hurting us tremendously, economically. the earlier guest was talking about how these are self-inflected problems, and that's what's happening. tax rates will go up across the board. the condition does look like it will slip back, and it's a global change in the economy. again people with skills competing globally and doing very very well at the top. we're not addressing f
so you need policy consensus, some tax reduction, some investment and education, and some tax breaks that will help sort of states specialize in different industries and attract them. >> let's end where we started. some criticisms coming out from ips saying the president has left some things on the table here. the estate taxes one of those that they bring to bear here. they also talk about hedge fund managers specifically being ability to get favorable tax rates there, too. how has the...
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Dec 28, 2012
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and all tax rates will go up on income tax and estate taxes and all the bad stuff will happen, and how that's good politics. >> look, politicians are creatures of narrow self-interest. from the self-interested standpoint of a republican house member from a safe district who fears a primary challenge, yes, it's better for them to wait three days, cast -- go over the cliff, cast a vote to cut taxes and basically screw all the people who are going to be affected by it preserving their own jobs than it is to agree to a tax increase now and risk the wrath of the tea party right two years from now. >> chris, let me ask you about another possible, i hope it doesn't happen. next tuesday or next wednesday when the market reopens on january 2nd and they fully realize at that point that this cliff has been gone over and the congress has failed to meet its own targets which it set itself when it set this cliff up, who will pay the price if, say, the market drops 500 or 1,000 points and keeps dropping for two or three days and that creates the chances for a second dip, a second recession? who will
and all tax rates will go up on income tax and estate taxes and all the bad stuff will happen, and how that's good politics. >> look, politicians are creatures of narrow self-interest. from the self-interested standpoint of a republican house member from a safe district who fears a primary challenge, yes, it's better for them to wait three days, cast -- go over the cliff, cast a vote to cut taxes and basically screw all the people who are going to be affected by it preserving their own...
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Dec 26, 2012
12/12
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everybody's taxes would go up. you won't feel that immediately with most of these things, but with unemployment insurance and others, you will. there will be a grass roots feeling among americans. if you look at the polls, republicans will get blamed. they themselves are wary of this. that's why democrats would politically feel inclined to go over the cliff. there will be so much on republicans, this might be the only way they agree to raise taxes. >> not to mention in the next senate too. 55 democrats and four seats in the house. >> quickly for both of you, we covered this today. i'm surprised by the lack of urgency. does that surprise you as well? >> this is not the debt ceiling. say we are working through the weekends and training mcconnell and biden on the phone and the president involved. really to take christmas off facing the fiscal cliff in a week shows how little optimism there is. >> i completely agree. we spent many late nights in the capital and is it doesn't seem like that is going to happen. >> amazin
everybody's taxes would go up. you won't feel that immediately with most of these things, but with unemployment insurance and others, you will. there will be a grass roots feeling among americans. if you look at the polls, republicans will get blamed. they themselves are wary of this. that's why democrats would politically feel inclined to go over the cliff. there will be so much on republicans, this might be the only way they agree to raise taxes. >> not to mention in the next senate...
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Dec 27, 2012
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they want to extend tax cuts on incomes below $250,000, prolong unemployment benefits and delay those sweeping spending cuts. while many republicans oppose new taxes for anyone, senator kay bailey hutchison says she's looking for compromise, alluding to house speaker john boehner's plan "b" that was met with stiff opposition from his own party. >> i think $250,000 is too low a threshold. a lot of working people who are couples would exceed that, and i don't think we need that kind of shock to the system. however, i've talked to some of my democratic colleagues, and they are saying maybe in the $400,000 or $500,000 category we could set a benchmark. i do think it is essential that we start talking about what amount can be passed on a bipartisan basis, because you know, i'm one who believes you shouldn't tax anyone right now. i would have supported plan "b." >> according to a gallup poll, americans are less optimistic that washington will strike a deal. 50% now believe an agreement is likely, an eight-point drop from earlier this month. president obama, meanwhile, will be back in washin
they want to extend tax cuts on incomes below $250,000, prolong unemployment benefits and delay those sweeping spending cuts. while many republicans oppose new taxes for anyone, senator kay bailey hutchison says she's looking for compromise, alluding to house speaker john boehner's plan "b" that was met with stiff opposition from his own party. >> i think $250,000 is too low a threshold. a lot of working people who are couples would exceed that, and i don't think we need that...
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Dec 26, 2012
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extend the tax cuts only for the 250 and below. you kick the sequester down the road, you patch the amt and medicare fix. all that. if the speaker is willing to put that to a vote, i suspect it would pass in the house and we actually could have a compromise before the end of the year. but it would pass with mostly democratic votes. and the likelihood he's going to want to do that seems to me very slim. that's why i think we're probably going over the cliff. now, my hope is that it's more of a bungee jump than a cliff dive. because on the other side there's some dynamics that change such that republicans can vote for a big tax decrease off of what will then be current law. >> jared, you've got a post -- i just want to go back for a moment. while this ping-pong game is going on in washington, you've got a post on your blog showing the real drag this is having on consumer confidence. so, i mean, what can the president do to protect the economy and try to restore some degree of confidence while these negotiations are going on? >> i thi
extend the tax cuts only for the 250 and below. you kick the sequester down the road, you patch the amt and medicare fix. all that. if the speaker is willing to put that to a vote, i suspect it would pass in the house and we actually could have a compromise before the end of the year. but it would pass with mostly democratic votes. and the likelihood he's going to want to do that seems to me very slim. that's why i think we're probably going over the cliff. now, my hope is that it's more of a...
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Jan 1, 2013
01/13
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over that level, any monies made over that mop any will be taxed at now a 39.6% rate instead of a 35% rate. essentially going back to the clinton era rates, before the bush administration initiated their tax cuts. many democrats were angry about that. we had one tom harken take the floor and voice his opposition. but it is flying through the senate now. it looks like it's going to pass with overwhelming support. it's going to put john boehner, the republican speaker of the house, in a very tough jam. folks want this to happen. this deal has been struck. and maura, one other thing, these mandatory cuts, you may have heard of them called the sequester that were to go into effect today that were the result of the last budget deal that they made. they were to be delayed for two months that will coincide with the debt ceiling that needed to be raised. the united states exceeding its federal debt. that requires an act of congress to raise it. so all of these things are going to come together in two months time and people are already now predicting a fight, if you can believe this, even bigg
over that level, any monies made over that mop any will be taxed at now a 39.6% rate instead of a 35% rate. essentially going back to the clinton era rates, before the bush administration initiated their tax cuts. many democrats were angry about that. we had one tom harken take the floor and voice his opposition. but it is flying through the senate now. it looks like it's going to pass with overwhelming support. it's going to put john boehner, the republican speaker of the house, in a very...
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Jan 1, 2013
01/13
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>> it might be but if you did what they wanted to do and kept all of the tax increase -- tax cuts, you'd add $4.6 trillion to the deficit. so this can't really be about the deficit even if that's what they're telling themselves. you know, there are 30 to 60 really, really conservative republicans in that caucus, and if you're going to give them a kind of veto power, you're never going to get anything through the house in the next two years that can pass the senate. this is a real crisis of governance and it looked like boehner was facing up to that. congressman yarmuth had praised him ten hours ago because you could pass something, i think, with a modest number of republican votes. so i think this meeting they're having now, it could be about tactics, about how to teal with the mes we're about to go into, but there may be some republicans standing up and saying do we really want to throw us over the cliff in this way? i think this is one of the most important meetings the republican party has had since their convention and maybe more so. >> e.j., we have one more minute. i want to get yo
>> it might be but if you did what they wanted to do and kept all of the tax increase -- tax cuts, you'd add $4.6 trillion to the deficit. so this can't really be about the deficit even if that's what they're telling themselves. you know, there are 30 to 60 really, really conservative republicans in that caucus, and if you're going to give them a kind of veto power, you're never going to get anything through the house in the next two years that can pass the senate. this is a real crisis...
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Dec 27, 2012
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aides say reid's plan would avoid tax increases for people making less than $250,000, eliminate some big spending cuts and restore unemployment benefits. >> i think you're likely to see a two-step process here, one sort of dealing with the immediate dynamics so that you could in fact set up a situation where you could deal with the larger situation. >> reporter: without a deal, bush-era tax cuts will expire january 1st and deep spending cuts will set in. congress set up the deadline, hoping it would force a compromise. so far, that's backfired. also flying back on air force one is lieutenant governor brian schatz and will likely be sworn in later today. just before taking off, he tweeted that he's looking forward to supporting the president's agenda. reporting live in washington, i'm dan yeielle leigh. mara, back to you. >> thank you. >>> tim geithner is adding to the pressure to get the office calf cliff deal done. in an open letter wednesday, he warned the federal government may not be able to pay its bills once the country reaches its borrowing limit on december 31st, which is mon
aides say reid's plan would avoid tax increases for people making less than $250,000, eliminate some big spending cuts and restore unemployment benefits. >> i think you're likely to see a two-step process here, one sort of dealing with the immediate dynamics so that you could in fact set up a situation where you could deal with the larger situation. >> reporter: without a deal, bush-era tax cuts will expire january 1st and deep spending cuts will set in. congress set up the...
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Dec 29, 2012
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and the pledge is slowly, grover norquist, anti-tax pledge, which is no way to run a business or the government. revenues are important if you understand a balance sheet. and that thing has haunted us for a long time and is slowly losing. >> krystal ball, the biggest loser. >> mine has helped in part make joy's rupert murdoch which is karl rove. people thought if they didn't like him, he was very smart. he exposed himself to not be very smart on election night over at that other network. >> we only have two people left who may please me by choosing donald trump. alex wagner, the biggest loser of 2012? >> donald trump -- >> correct, correct, you get the ipad. >> i hate to disappoint you, it is shelden addelson -- the house is always supposed to win, and the house lost big time. >> great. that was great. >> steve, biggest loser. >> i want an ipad, but the big loser, the name for generations, the gold standard in public opinion polling -- gallugallup. gallup, all of october, on election day said romney has an advantage, going to win this, and people are going to look more skepticalally
and the pledge is slowly, grover norquist, anti-tax pledge, which is no way to run a business or the government. revenues are important if you understand a balance sheet. and that thing has haunted us for a long time and is slowly losing. >> krystal ball, the biggest loser. >> mine has helped in part make joy's rupert murdoch which is karl rove. people thought if they didn't like him, he was very smart. he exposed himself to not be very smart on election night over at that other...
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Dec 29, 2012
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and the pledge is slowly, grover norquist, anti-tax pledge, which is no way to run a business or the government. revenues are important if you understand a balance sheet. and that thing has haunted us for a long time and is slowly losing. >> krystal ball, the biggest loser. >> mine in part, karl rove, people thought if they didn't like him, he was very smart. he exposed himself to not be very smart on election night over at that other network. >> we only have two people left who may please me by choosing donald trump. alex wagner, the biggest loser of 2012? >> donald trump -- >> correct, correct, you get the ipad. >> i hate to disappoint you, it is shelden addelson -- the house lost. >> steve. >> i want an ipad, but the big loser, the name for generations, the gold standard in public opinion polling. gallup, all of october, on election day said romney has an advantage, going to win this, and people are going to look more skepticalally at the gallup polls. >> let's see if silver comes up in the category, biggest winner, again, i'm going to go first, because once again, i couldn't be m
and the pledge is slowly, grover norquist, anti-tax pledge, which is no way to run a business or the government. revenues are important if you understand a balance sheet. and that thing has haunted us for a long time and is slowly losing. >> krystal ball, the biggest loser. >> mine in part, karl rove, people thought if they didn't like him, he was very smart. he exposed himself to not be very smart on election night over at that other network. >> we only have two people left...
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Dec 28, 2012
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taxes are an issue there. i think the election of francois alaund and his rate on the top end as well as some of the other things he's doing in france, lowering the retirement age, this is sort of a litmus test in some ways and it's important. maybe richard can tell me i need to learn more about the british tax code. icons on the edge. a number of names you know at home, jcpenney, best buy stock has been hammered, the maker of the blackberry, once iconic, now struggling. >> they're gone. >> they're not gone. >> last one. congratulations. >> they're struggling, and i think it's the end of an era for some companies. the $25 billion bank settlement, a huge deal. some people said it was not enough. whatever your thoughts are, it was a big story. facebook, you remember them? they have come back in the last six weeks. everyone thought this was an ipo that was going to soar. >> who manages that company? >> mark zuckerberg. that guy right there. >> poorly, i would submit. >> he built it, so who are we to judge, right?
taxes are an issue there. i think the election of francois alaund and his rate on the top end as well as some of the other things he's doing in france, lowering the retirement age, this is sort of a litmus test in some ways and it's important. maybe richard can tell me i need to learn more about the british tax code. icons on the edge. a number of names you know at home, jcpenney, best buy stock has been hammered, the maker of the blackberry, once iconic, now struggling. >> they're gone....
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Dec 27, 2012
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you'll have a chunk more in your payroll tax because the payroll tax cuts are expiring. and obviously, there's going to be some cuts in government services because of the sequestration, but it's not all going to take place in the next two days. >> leigh, all of us are aware of the fact that most people at the top of fortune 500 companies look at these clowns saying, you know, this is ridiculous. you couldn't run any business from a variety store to whatever the way -- where they try to run the country. is there any immediate impact on the markets next week with their inability to get anything done? >> yes. i mean, i think that's where we're going to see the biggest impact by far. i mean, yes, the payroll tax will take effect. that will be one of the most immediate things we see. but even that, it takes two weeks to adjust your paychecks. you know, we'll spend most of the time with the tax cuts, repairing, restoring, trying to solve that with some triage. the market doesn't care about any of that stuff. the market response is going to be psychological. it's going to be dr
you'll have a chunk more in your payroll tax because the payroll tax cuts are expiring. and obviously, there's going to be some cuts in government services because of the sequestration, but it's not all going to take place in the next two days. >> leigh, all of us are aware of the fact that most people at the top of fortune 500 companies look at these clowns saying, you know, this is ridiculous. you couldn't run any business from a variety store to whatever the way -- where they try to...
SFGTV2: San Francisco Government Television
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Dec 31, 2012
12/12
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changing from a payroll tax to a gross receipts tax, where it is not based on the number of employees you have and how much they are paid, but how much business you have, your business, is a better tax structure that does not harm businesses to hire more people. harman is a strong word, but does not attach the tax to your number of employees. it is a better structure, i believe. we do a lot of things to support businesses. muni improvements happening downtown, in the more distant parts of the city. supporting businesses. infrastructure we are putting in, sidewalks, lighting. all of this is important to businesses. lots of concentration on that in the downtown area. i see it as one of the big thing that we offer. we also have a pretty city. that attracts a lot of businesses. we have certain parts of the city that have really great thinking going on. you see california, as of state. our hospitals attract a lot of minds and attention. -- uc california, sf state. >> it looks like we are just about of time. thank you for being on your district supervisor. we have been talking to supervisor
changing from a payroll tax to a gross receipts tax, where it is not based on the number of employees you have and how much they are paid, but how much business you have, your business, is a better tax structure that does not harm businesses to hire more people. harman is a strong word, but does not attach the tax to your number of employees. it is a better structure, i believe. we do a lot of things to support businesses. muni improvements happening downtown, in the more distant parts of the...
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Dec 29, 2012
12/12
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and every american's tax rates are going up. every american's paychecks will get a lot smaller. >> friday, president obama and congressional leaders met about an hour and agreed to keep talking. >> it is constructive and it is getting done. we will see. >> this eveleaders in the senate are signaling they are ready to compromise. >> i'm hopeful and optimistic. and if there were is no deal the president wants an up or down vote extending tax cuts for those making a quarter million dollars or less. >> i will urge the senate to hold an up or down vote on a basic package to protect the middle class from a tax hike extend vital unemployment insurance for americans looking for a job. >> the impasse has shaken wall street, the dow jones falling 400 points since last week. business people but this man are worried about the future. >> we are deciding how many people we are hiring and we are figuring out how many machines and robots to invest in our factory. >> commits to be axed, there is agreement on 90% of the tax debate. it is the fate
and every american's tax rates are going up. every american's paychecks will get a lot smaller. >> friday, president obama and congressional leaders met about an hour and agreed to keep talking. >> it is constructive and it is getting done. we will see. >> this eveleaders in the senate are signaling they are ready to compromise. >> i'm hopeful and optimistic. and if there were is no deal the president wants an up or down vote extending tax cuts for those making a quarter...
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Dec 24, 2012
12/12
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i would vote for revenues including tax hikes to keep the country from becoming greece. i am not going to set aside the 1.2 trillion in cuts. >> the president spoke out about the dpfiscal cliff on friday focusing his goals on middle class tax cuts not some kind of bargains. his supporters should find it no surprise to any one he wants people above tacks. >> he won 60 percent of the voters stharp for it in the exit polls including some republicans. >> the focus shift to go the u.s. senate where few republicans are backing democratic plan to take some kind of actions before the deadline. >> they continue to give opinions rick warren had an opinion. >> he said it is time to stop placing blame and start fixing things. listen to this. >> i think there's plenty of blame to go around. i would say this we need to stop blaming. you can't mix the problem while you were fixing the blame. i have trained leaders all over the world. one of the things i teach leadership is leaders accept the blame and give away the credit. >> every time you are blaming you are being blamed. i wish they
i would vote for revenues including tax hikes to keep the country from becoming greece. i am not going to set aside the 1.2 trillion in cuts. >> the president spoke out about the dpfiscal cliff on friday focusing his goals on middle class tax cuts not some kind of bargains. his supporters should find it no surprise to any one he wants people above tacks. >> he won 60 percent of the voters stharp for it in the exit polls including some republicans. >> the focus shift to go the...
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Dec 24, 2012
12/12
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he said the 1 requirement i have for any deal is hiking tax rates. the reason that boehner was not able to do plan b was because it involved breaching the principle, which he did openly and said he was ready to do it. there were conservatives who would not do it. that is not a figure of the party that will be extremely hard to reconcile. if you can not, how you get a deal done before january 1? >> that is essentially the problem the president faced with boehner two years ago. last year. can he deliver? how can you negotiate with someone who cannot deliver on his side? >> you go to people for support, at least three of whom have lost their committee assignments. how can you expect them to come over to your way of thinking? >> they were crowing when john boehner went down, taking some delight, but that was pre- cleared by the leadership. the leadership was with him. this is not a question of -- quite bluntly, leaving and losing their virginity on the issue of tax cuts. it is an important thing for these republicans who have not voted. no republican in
he said the 1 requirement i have for any deal is hiking tax rates. the reason that boehner was not able to do plan b was because it involved breaching the principle, which he did openly and said he was ready to do it. there were conservatives who would not do it. that is not a figure of the party that will be extremely hard to reconcile. if you can not, how you get a deal done before january 1? >> that is essentially the problem the president faced with boehner two years ago. last year....
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Jan 1, 2013
01/13
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is the last effort that we had to tax the rich and it's backfired to where it now taxes everybody, or almost everybody. and so it desperately needed -- needed a fix. now we're talking about taxing the rich again. i hope that we can come up with some collective ways that will be certain that the people are rich and that it will last over time instead of just for a few short years. in my area of the world, the biggest thing in that bill was the estate taxes. people in own land in wyoming that they bought maybe at $40 an acre now have land that's worth $2,000 an acre or more, and they haven't figured out how to pay the taxes on these few acres that they were able to scrape together over a period of time if the amount of exemption went down to a million dollars. and that's where we were headed. and at a million dollars, they'd have to sell off part of their ranch, part of their farm in order to be able to pay the taxes when somebody died. all the time that land is making a profit, people are paying the taxes on it. then when they die, they have to pay taxes on something that they would li
is the last effort that we had to tax the rich and it's backfired to where it now taxes everybody, or almost everybody. and so it desperately needed -- needed a fix. now we're talking about taxing the rich again. i hope that we can come up with some collective ways that will be certain that the people are rich and that it will last over time instead of just for a few short years. in my area of the world, the biggest thing in that bill was the estate taxes. people in own land in wyoming that...
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193
Dec 29, 2012
12/12
by
FOXNEWSW
tv
eye 193
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and what about the state -- estate tax. >> the estate tax punishes family farmers in my district and small business people. that money has been taxed a lot of times people have to selllet family farm to pay the taxes or family business it is it a shame and we need to get it fixed and solved. we need permanence and a bigger exemption and something like we have today would make it work. >> and congressman, what about the debt limit. we'll hit the debt ceiling, 16.4 trillion . is that going to be worked in this piece of legislation or is that after the new year. >> i hope that we are able to work it in this legislation. then we would avert another man made crisis that we are all too good at doing these days . ive would hope it is part of the package but should never be a part of the negotiation. i know you all discussed many, many times is something that is raised routinely over the last 50 years and something in the law and doesn't save us or spending more money it just shuts the government down . risks the full faith and credit of the united states it is it about recognizing the debts
and what about the state -- estate tax. >> the estate tax punishes family farmers in my district and small business people. that money has been taxed a lot of times people have to selllet family farm to pay the taxes or family business it is it a shame and we need to get it fixed and solved. we need permanence and a bigger exemption and something like we have today would make it work. >> and congressman, what about the debt limit. we'll hit the debt ceiling, 16.4 trillion . is that...
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Dec 28, 2012
12/12
by
FOXNEWSW
tv
eye 322
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taxes may not be the only thing going up in the new year from your cell phone to food prices rise. a flightening situation for her mother and daughter. their car. they are lucky to be alive after their car plunges into a freezing lake. we will tell you how they made it out. >> welcome back. 44 after the hour. a mom and daughter lucky to be alive after their car plunged into a lake. people dove in to help. mother and daughter will be just fine as a result. are there some expression that is really annoy you. >> it's like when i had this garden party for my father's birthday, right, i said rsvp because it's a sit down dinner but people came that like did not rsvp so i was like totally bugging. >> according to a survey whatever, like and you know are some of this year's most annoying words and phrases. >> what do you think, heather? >> no surprise there. >> i have another one, nuss say it. >>> pay back may be smaller in 2013. you may be paying more for every day goods that we need. here with a list is diane mac o macedo. >> new study shows things like drought and higher metal prices 20
taxes may not be the only thing going up in the new year from your cell phone to food prices rise. a flightening situation for her mother and daughter. their car. they are lucky to be alive after their car plunges into a freezing lake. we will tell you how they made it out. >> welcome back. 44 after the hour. a mom and daughter lucky to be alive after their car plunged into a lake. people dove in to help. mother and daughter will be just fine as a result. are there some expression that is...
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102
Dec 24, 2012
12/12
by
CSPAN2
tv
eye 102
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a lot of research, archives research, archives, eddied, probate documents, of vital statistics, a tax records records, census, i should own stock with ancestry.com i spend so much money on the web site. i put together with this committee consisted of. , the children did they have? to lift? who was pregnant at the time, given birth two days before, there is only so far you can go on your own but something's come when you are forever grateful. one day i received a phone call from skinner's home that is now a museum and they told me a collection of letters was just donated by a descendant of sisters who had worked for skinner and his mill and its skinnerville they opened up what it was like to live in the village. when it was like to work for skinner, as an employer, a mill girl and the middle of the 19th century. living far away from home but at this time millwork was very respectable for a young woman. if you had ambitions, you could make a lot of money, you would not lose any respectability, it did not affect your character, a sense of independence, and make your own money. bill littl
a lot of research, archives research, archives, eddied, probate documents, of vital statistics, a tax records records, census, i should own stock with ancestry.com i spend so much money on the web site. i put together with this committee consisted of. , the children did they have? to lift? who was pregnant at the time, given birth two days before, there is only so far you can go on your own but something's come when you are forever grateful. one day i received a phone call from skinner's home...
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218
Dec 29, 2012
12/12
by
WETA
tv
eye 218
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none of his proposals in raise taxes on the rich. it is 8 cents on the dollar. it is a trivial amount of money, and he has never put any political capital in entitlement reform or tax reform. he will talk about it here or there. never invested any capital in it. >> i thought -- if it is such a trivial amount, then why the squealing, the yelling, the hurt feelings of all of these plutocrats? i will say this -- right now, he is absolutely right. all the political advantage is with the president, but if this thing comes to a complete halt and falls, then there will be political blame across the board, and it will undermine all public confidence in the public sector. >> let me hold on just a second -- all political advantage is with the president? what is he running for? he won. this is a time for him to take some political hits and tell the truth for a change instead of trying to get some political advantage. >> a look at war and foreign policy in 2012. >> this time of war began in afghanistan, and this is where it will end. >> afghanistan is now the nation's longe
none of his proposals in raise taxes on the rich. it is 8 cents on the dollar. it is a trivial amount of money, and he has never put any political capital in entitlement reform or tax reform. he will talk about it here or there. never invested any capital in it. >> i thought -- if it is such a trivial amount, then why the squealing, the yelling, the hurt feelings of all of these plutocrats? i will say this -- right now, he is absolutely right. all the political advantage is with the...
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94
Dec 28, 2012
12/12
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CSPAN
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eye 94
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we should roll back the reagan tax cuts. tax cuts do not work. the bush tax cuts have been designed to be temporary. we have had no job growth due to the tax cuts. forbusinesses on the hook reinvesting their profits back into the businesses. thank you for taking my call. host: the story from "the washington times." host: other candidates that have been mentioned include the attorney general in massachusetts. he ran against scott brown and loss. congressman stephen lynch. name out of contention is ted kennedy, jr. he will not seek the seat. he was speculated to seek the seat of his late father. the decision to buck the dying inouye. senator daniel in a the swearing-in took place yesterday with joe biden. brian schatz becomes the senior senator with the new congress being formed on january the third. on the independent line -- jack on the independent line. caller: good morning. i bet a co-worker that we are going over the fiscal cliff. it is more of a slope than a cliff. it would be a year of complete in activity before we would see the real bite o
we should roll back the reagan tax cuts. tax cuts do not work. the bush tax cuts have been designed to be temporary. we have had no job growth due to the tax cuts. forbusinesses on the hook reinvesting their profits back into the businesses. thank you for taking my call. host: the story from "the washington times." host: other candidates that have been mentioned include the attorney general in massachusetts. he ran against scott brown and loss. congressman stephen lynch. name out of...
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129
Dec 30, 2012
12/12
by
CSPAN2
tv
eye 129
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. >> host: even after the constitution is the top did in washington sipc at the whiskey tax on whiskey rebellion. how did they respond to that? >> guest: that went better than shays rebellion did. but sure, they recognized that they needed a strong federal power and they needed checks to ensure the states have powers as well. >> host: overtime during the 1800, 1900 continue to have guns play a role in society particularly on the frontier. any surprises in that area? guest at the main surprise to me was gun-control the wild west, plenty of guns they are and in reality you do couldn't carry a gun around in a town -- there were lots of guns. you had to deposit your arms. if you're a cowboy who came from the plains, there's a place where you you supposed to sort your pistol if you had one. >> guest: that doesn't fit with the way most people think about it. >> guest: this is of course in settlements, not in the wild prairie. but they are like towns everywhere today. you need is that the law and order and it's hard to keep up with that if everyone is pulling out of pistol. >> host: even in s
. >> host: even after the constitution is the top did in washington sipc at the whiskey tax on whiskey rebellion. how did they respond to that? >> guest: that went better than shays rebellion did. but sure, they recognized that they needed a strong federal power and they needed checks to ensure the states have powers as well. >> host: overtime during the 1800, 1900 continue to have guns play a role in society particularly on the frontier. any surprises in that area? guest at...
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87
Dec 24, 2012
12/12
by
CSPAN2
tv
eye 87
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besides this, and internal taxes for coming. violence in months and riot because they share not two of the violence that is ordered in the newspapers of the day. in particular this is a supplement to the boston newsletter from 1765. extraordinary for multiple reasons. on the front page of this two page issue is details of destruction of lieutenant governor thomas hutchison's home, lieutenant governor boston. but on page two, from newport, rhode island, we read of similar home destruction of loyalists and monsters. your piece for a three-day riot practical to do list. assemble and direct gallows, david lewis through town to the gallows in ways they are teen feet high. make a fire and burned us to ashes. she's the deputies of the town, choose the need to instruct a stamp act. the two in the evening gathering crowd and march the house of the hated loyalist number one. shudders indiscriminate breaking stories to pieces, damaged partitions and one furniture. march 2 loyalist number two. tear his house to pieces that demolish furnitur
besides this, and internal taxes for coming. violence in months and riot because they share not two of the violence that is ordered in the newspapers of the day. in particular this is a supplement to the boston newsletter from 1765. extraordinary for multiple reasons. on the front page of this two page issue is details of destruction of lieutenant governor thomas hutchison's home, lieutenant governor boston. but on page two, from newport, rhode island, we read of similar home destruction of...
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144
Dec 24, 2012
12/12
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CSPAN2
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eye 144
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the said that even after the constitution is adopted in washington is an office, you have the whiskey tax and the whiskey rebellion. how did they respond to that? >> guest: that went better than fever billion did. but, they recognized the need strong federal government the need to be these checks that would ensure that the states kept power as well. >> host: over time than during the 1800's were the rest of the 1800's, the -- during the 1900's we continue to have guns play a role in the society particularly in the frontier any surprises that he founded study in that era? >> guest: the means of price to me is gun control in the wild west i grew up with westernism in the 50's and well in reality you couldn't carry a gun around in the town like dodge city is a good example. there were walls against that. if you are a cowboy that came in when you were supposed to go story or pistol if you had one. >> host: that doesn't fit with the way that most people think about it. >> guest: this is of course settlements out in the wild prairie, but they are like towns everywhere today. you need to call an
the said that even after the constitution is adopted in washington is an office, you have the whiskey tax and the whiskey rebellion. how did they respond to that? >> guest: that went better than fever billion did. but, they recognized the need strong federal government the need to be these checks that would ensure that the states kept power as well. >> host: over time than during the 1800's were the rest of the 1800's, the -- during the 1900's we continue to have guns play a role in...
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97
Dec 26, 2012
12/12
by
WMAR
tv
eye 97
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the main dispute continues to be over taxes. >>> if you want to play the slots at 2:00 in the morning, starting tomorrow you can. maryland live casino is set to kick off its first 24-hour gaming day. once the casino opens at 8:00 in the morning, it will be open around the clock. maryland live is also prepared to immediately begin making the modifications required to add table games to the floor as soon as the regulation office makes it official. >>> a new 1200-seat auditorium is set to open in ocean city in 2014. it's going to be located at the ronald e. powell convention center. construction is set to begin in the fall on the $14 million project. >>> well, some netflix customers not too happy. they wanted to curl up on the couch and watch a movie on christmas eve. they were just out of luck. the streaming service for video was out for a good chunk of the day on christmas eve. on its twitter page, netflix blamed amazon's clout and their infrastructure for that problem. netflix apologize inside that tweet, calling it terrible timing. they're back to normal now with streaming levels and
the main dispute continues to be over taxes. >>> if you want to play the slots at 2:00 in the morning, starting tomorrow you can. maryland live casino is set to kick off its first 24-hour gaming day. once the casino opens at 8:00 in the morning, it will be open around the clock. maryland live is also prepared to immediately begin making the modifications required to add table games to the floor as soon as the regulation office makes it official. >>> a new 1200-seat auditorium...
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Dec 27, 2012
12/12
by
FOXNEWSW
tv
eye 328
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pay in taxes. below 10,000 they will pay an average of about $300 more. look down the chart a bit. those who make between 40 and 50,000 they will have to pay an extra $1,700 more. looking at the next set of numbers for wage earners, 50 to 75,000. they will have to find an extra $2,300 to send to washington. and if you managed to make over $200,000, if you go over that income mark, it will be a big jump up. you have to send a check to uncle sam for, on average, about 14,000 additional dollars. the highers wage earns 500,000 to a million they will pay an average of $34,000 more. over a million dollars, the irs will want 216,000 additional dollars from you on top of what you already pay in taxes. the upshot of all of this; >> you will have less money to spend in a very difficult economy with very little clarity on how the economy is going to pick up in the near future. even in the long run. we are entering into a very difficult economic environment, unfortunately. >> a wealth manager says need to aust
pay in taxes. below 10,000 they will pay an average of about $300 more. look down the chart a bit. those who make between 40 and 50,000 they will have to pay an extra $1,700 more. looking at the next set of numbers for wage earners, 50 to 75,000. they will have to find an extra $2,300 to send to washington. and if you managed to make over $200,000, if you go over that income mark, it will be a big jump up. you have to send a check to uncle sam for, on average, about 14,000 additional dollars....
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711
Dec 29, 2012
12/12
by
WJLA
tv
eye 711
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. >> t-minus three days until everyone's taxes go up. the politicians are in a mad scramble this morning. so, what are the odds of a deal to prevent disaster? >>> the price of fashion. are your skinny jeans a health risk? why doctors are warning of nerve damage, abdominal pain, heart burn, even blood clots. >>> is britney spears about to lose her job as a judge on a talent show? why simon cowell reportedly calls her toxic to the show's success. >>> and good morning, everyone. we've got a lot to get to this last week of 2012. can you believe this year is almost over? and of course, we're going to start the show with weather. take a look at snow falling overnight in illinois. the year ending with a one-two punch of nasty weather for much of the country. ginger zee will tell us how it will affect your travel plans. >> nothing makes ginger happier than a big winter storm. we'll talk to her in just a moment. >>> speaking of travel. this is exactly what you do not want to hear after you've ponied up for a christmas cruise on "the queen mary 2.
. >> t-minus three days until everyone's taxes go up. the politicians are in a mad scramble this morning. so, what are the odds of a deal to prevent disaster? >>> the price of fashion. are your skinny jeans a health risk? why doctors are warning of nerve damage, abdominal pain, heart burn, even blood clots. >>> is britney spears about to lose her job as a judge on a talent show? why simon cowell reportedly calls her toxic to the show's success. >>> and good...
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Dec 26, 2012
12/12
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KQED
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eye 193
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so some people are giving more and deciding "i'm going to get the tax break now and do it while it's a good thing for sure" and some people are putting off the decision deciding they isle give more later. so we're seeing a mixed bag but it's a tough time because this is the time of year when most people are doing a lot of charitable giving. >> ifill: let me get your name right this time, jackie, and ask you about federal employees. they are affected by this. there are furloughs, cutbacks, tell me what people are thinking. >> well, federal employees are in the uniquely bad position of facing peril regardless of whether there's a deal. or whether sequestration and the fiscal cliff occurs. >> ifill: the across-the-board cuts. why does it work that way? >> in the event no deal is made and we do have the automatic cuts known as sequestration starting in january, federal employees face job loss and in some situations-- certainly in the department of defense-- but throughout the federal government people will be furloughed, forced to take unpaid days off, anywhere from 20 to 50 days. we rea
so some people are giving more and deciding "i'm going to get the tax break now and do it while it's a good thing for sure" and some people are putting off the decision deciding they isle give more later. so we're seeing a mixed bag but it's a tough time because this is the time of year when most people are doing a lot of charitable giving. >> ifill: let me get your name right this time, jackie, and ask you about federal employees. they are affected by this. there are furloughs,...
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Dec 30, 2012
12/12
by
KGO
tv
eye 201
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forcing tax increases and lactose intolerance on america this morning. jon by the way has a big show. senators chuck schumer and jon kyl on "this week." a lot of news developing overnight. we go to mr. ron claiborne who has extraordinary videotape. >> out of russia. a plane crash outside of moscow. we'll begin with this stunning video. the plane overshot the runway and careened into traffic and abc has the story. >> reporter: you're about to see the terrifying moment of impact as the russian passenger jet slams into a busy highway. watch again. you can see the plane's tire colliding with the moving car. and listen closely. you can hear the squealing brakes and crushing metal. the crash took place on saturday at an airport outside moscow. the red wing's airline's flight broke through a barrier fence shattering into three pieces and bursting into flames before skidding to a stop at the edge of the highway. witnesses rushed to pull survivors out of the wreckage. the russian made tupolev 204 was flying back from the czech republic with no passengers and eigh
forcing tax increases and lactose intolerance on america this morning. jon by the way has a big show. senators chuck schumer and jon kyl on "this week." a lot of news developing overnight. we go to mr. ron claiborne who has extraordinary videotape. >> out of russia. a plane crash outside of moscow. we'll begin with this stunning video. the plane overshot the runway and careened into traffic and abc has the story. >> reporter: you're about to see the terrifying moment of...
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258
Dec 29, 2012
12/12
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KGO
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eye 258
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extending tax cuts for those making $250,000 or less. and continuing unemployment benefits for the millions who will lose them when the new year strikes. >> that's the bare minimum that we should be able to get done. >> reporter: it's clear whatever happens, there is no time, now, for a grand bargain on the even tougher issues. cutting spending and raising the debt ceiling. >> we're going to end up with a small, kick-the-can down the road bill, that creates another fiscal cliff to deal with this fiscal cliff. how irresponsible is that? >> reporter: and does washington still, the stock market burns. dropping for a sixth-straight day under this uncertainty. americans are burning up, too. >> this is america. they should be working for the american people. >> can't believe we got this close. >> get in a room and don't come out of the room until you've got this thing taken care of. >> reporter: what the senate leaders hope to do is put together this deal, bring it to the senate tomorrow. then, the house comes back in session tomorrow night. t
extending tax cuts for those making $250,000 or less. and continuing unemployment benefits for the millions who will lose them when the new year strikes. >> that's the bare minimum that we should be able to get done. >> reporter: it's clear whatever happens, there is no time, now, for a grand bargain on the even tougher issues. cutting spending and raising the debt ceiling. >> we're going to end up with a small, kick-the-can down the road bill, that creates another fiscal...
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167
Dec 24, 2012
12/12
by
CSPAN2
tv
eye 167
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you have the whiskey tax and the whiskey rebellion. how did they respond to that? >> that went better. sure. they recognized that they needed a strong federal power, needed to be -- needed to be these checks that would ensure that the states kept powers as well. >> host: over time, then, during the 1800s, the rest of the 1800s, we can -- 1900s, continue to have guns play a role in society, particularly ton the frontier, any surprises studying that era. >> the many thing that surprise mid was gun control in the wild west -- plenty of guns there, and, in reality, you couldn't carry a gun around in a town like. >> host: dodge or -- >> guest: dodge city is a good example. there were laws against that. you had to deposit your arms. if you were a cowboy who came in from the plains there was place where you were supposed to store your pistol if you had one. >> host: that didn't fit with the way most people think about it. >> guest: this is in settlements. knotted out in the wild prairie. but they're like towns everywhere today. you need a little law and order in towns and
you have the whiskey tax and the whiskey rebellion. how did they respond to that? >> that went better. sure. they recognized that they needed a strong federal power, needed to be -- needed to be these checks that would ensure that the states kept powers as well. >> host: over time, then, during the 1800s, the rest of the 1800s, we can -- 1900s, continue to have guns play a role in society, particularly ton the frontier, any surprises studying that era. >> the many thing that...
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143
Dec 27, 2012
12/12
by
WBAL
tv
eye 143
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taxes would jump an average of $2,400 for families making between $50,000 and $70,000 a year. the congressional budget office predicts the nation could lose jobs. house members will be coming back to washington on sunday to try to get a deal done by midnight on monday. wbal tv-11ews. >> now that the ravens are officially champions of the afc north division, retailers are trying to cash in on the success. >> yes, there are a lot of things out there. we caught up with one screen printer in colombia. they came up with a pretty neat sure to celebrate the title. >> now that the reagans have locked up the afc north and are heading to the playoffs, more and more ravens -- now that the ravens have locked up the afc north and are heading to the playoffs, more and more ravens gear is popping up. >> we put some guys in there that are contributors. >> the only recently got the rights from the nfl players association to use ravens players and names on its shores. this one includes terrell subs, joe flacco, bray louis -- terrell subs, joe flacco, ray lewis. >> they really endeared themselve
taxes would jump an average of $2,400 for families making between $50,000 and $70,000 a year. the congressional budget office predicts the nation could lose jobs. house members will be coming back to washington on sunday to try to get a deal done by midnight on monday. wbal tv-11ews. >> now that the ravens are officially champions of the afc north division, retailers are trying to cash in on the success. >> yes, there are a lot of things out there. we caught up with one screen...
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109
Dec 25, 2012
12/12
by
CSPAN2
tv
eye 109
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the cardinal had no power to tax, no power to raise troops. he was simply a debating society for leaders from the various states to argue different policies. the states were almost at war with each other. the states were independent, sovereign nations in effect and the leaders from various dates begin to realize they need a stronger federal government to reroute archons dictation. many, many americans were posted to comp dictation and he became the anti-federalist. they were the federalist and anti-federalist, bitterly opposed to each other from the very beginning, from the signing of the constitution. the anti-federalist gradually became no as republican and democrat republicans. so when john quincy adams was running for office, you now how the republicans or democrat republicans running against the federalist and he was the last of the federalists. the federalist rambis from the beginning, washington and the people who ran the country were really friendly elite. the constitution only other property owners. gradually universal suffrage came i
the cardinal had no power to tax, no power to raise troops. he was simply a debating society for leaders from the various states to argue different policies. the states were almost at war with each other. the states were independent, sovereign nations in effect and the leaders from various dates begin to realize they need a stronger federal government to reroute archons dictation. many, many americans were posted to comp dictation and he became the anti-federalist. they were the federalist and...
104
104
Jan 1, 2013
01/13
by
CSPAN
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eye 104
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to make sure that families in america through the child tax credit, the earned income tax credit, and student loans are stabilized for their planning in the calendar year 2013. the r&d tax credit is extended. there is a lot in this package that's good. there is a lot in this package, i should say, there's a lot that's not addressed at all in this package. we have a debt ceiling crisis pending. we have a sequestration crisis pending. it must be addressed. or it's going to have a huge drag on the united states' economy and in the case of the debt once again revisit the issue of default for the first time in american history. so it's not a perfect package. but it is something that gets us by while he we tackle the larger issues in the next congress. i pray god that next congress is more willing to compromise than this. i yield back. the speaker pro tempore: the gentleman yields back. for what purpose does the gentleman from new york seek recognition? america online to address the house for one minute. the speaker pro tempore: without objection, the gentleman from new york is recognized f
to make sure that families in america through the child tax credit, the earned income tax credit, and student loans are stabilized for their planning in the calendar year 2013. the r&d tax credit is extended. there is a lot in this package that's good. there is a lot in this package, i should say, there's a lot that's not addressed at all in this package. we have a debt ceiling crisis pending. we have a sequestration crisis pending. it must be addressed. or it's going to have a huge drag on...
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Dec 29, 2012
12/12
by
CSPAN
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eye 166
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the idea of sort of flat taxes or national retail sales tax, taxes have long been proposed and talked about. i mean, i think fundamentally, it sounds appealing, but, you know, what you're really talking about is relative to what we do now. you're talking about a much different way of raising -- much more revenue from lower and middle income people and less from the very rich. my sense is that's not where the american people are at. there is this sort of sense that higher income people raising the dollar revenue from them is sort of less harmful than it is from lower income folks. so, i mean, those debates are worth having, but i think when you actually get down to the specifics and play it out, things like a straight flat tax or national retail sales tax don't make a lot of sense. host: we've been talking with joseph rosenberg, a research associate at the tax policy center. if you want to get more information about the work that they do, you can go to our website, taxpolicycenter.org. part of the urban tax policy working center. thank you very much for being on the program. guest: tha
the idea of sort of flat taxes or national retail sales tax, taxes have long been proposed and talked about. i mean, i think fundamentally, it sounds appealing, but, you know, what you're really talking about is relative to what we do now. you're talking about a much different way of raising -- much more revenue from lower and middle income people and less from the very rich. my sense is that's not where the american people are at. there is this sort of sense that higher income people raising...